178 Koornang Road, Carnegie, VIC 3163 | Property Value & History | OnTheHouse
 
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178 Koornang Road
Carnegie VIC 3163

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 60m2
Land area: 637m2
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Property Details for 178 Koornang Rd, Carnegie

Building Type
Commercial
Year Built
2018
Floor Size
60m2
Land Size
637m2
Local Government
Glen Eira
Lot/Plan
G01/PS735070

Last Listing description (August 2025)

Superbly positioned in the heart of Carnegie's bustling retail and business district, the property is just a short walk from Carnegie Railway Station and enjoys excellent access to major arterial roads, including Princes Highway and North Road. Its strategic location ensures high exposure and easy accessibility, making it an outstanding investment opportunity while being surrounded by National Retailers such as Grill'd, Chemist Warehouse & Woolworths.

Property Attributes:

Total building area | 45m2*

Current rent | $31,200 p/a net*
3 x 3 x 3 Year Lease (Comm December 2023)
Suits investors looking for a secure return
Commercial 1 Zone (C1Z)
Terms | 10% deposit, 30/60/90 days

For further information please contact one of the exclusive marketing agents below:

George Ganavas | 0478 634 562
Jonathan On | 0479 003 122

*All areas and figures approx only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.

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Property History for 178 Koornang Rd, Carnegie, VIC 3163

A timeline of how this property has performed in the market
Last Sold
$484,000
07 Sep 2018
Listed for Rent
$450/w
08 Nov 2023
  • 27 Feb 2025
    Listed for Sale Contact Agent
  • 29 Oct 2024
    Listed for Rent $470 / week
  • 08 Nov 2023
    Listed for Rent $450 / week
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About Carnegie 3163

The size of Carnegie is approximately 3.7 square kilometres. It has 5 parks covering nearly 6.0% of total area. The population of Carnegie in 2016 was 17388 people. By 2021 the population was 17909 showing a population growth of 3.0% in the area during that time. The predominant age group in Carnegie is 30-39 years. Households in Carnegie are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Carnegie work in a professional occupation.In 2021, 55.10% of the homes in Carnegie were owner-occupied compared with 52.40% in 2016.

Carnegie has 11,888 properties. Over the last 5 years, Houses in Carnegie have seen a 14.68% increase in median value, while Units have seen a 2.68% increase. As at 31 December 2025:

  • The median value for Houses in Carnegie is $1,723,426 while the median value for Units is $652,067.
  • Houses have a median rent of $600 while Units have a median rent of $575.
There are currently 22 properties listed for sale, and 17 properties listed for rent in Carnegie on OnTheHouse. According to Cotality's data, 570 properties were sold in the past 12 months in Carnegie.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
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